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The Governance’s Impact on the Decline of the Romanian Cooperative Sector

Author

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  • Manea Marinela – Daniela

    (Valahia University of Târgoviste, Faculty of Economics)

Abstract

Taking into account the direction of the consumer cooperatives after 1989 and the decline registered as a consequence of a sum of factors – the decentralization of the control activity, the lack of interest of the local and central authorities in supporting the cooperative’s activity, the sideslips of our own legislation, which allowed the alienation of many cooperative’s patrimony etc – this paper sets out to analyze what was the governance’s impact on the de facto situation currently registered in that sector.

Suggested Citation

  • Manea Marinela – Daniela, 2015. "The Governance’s Impact on the Decline of the Romanian Cooperative Sector," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 290-294, May.
    • Handle: RePEc:ovi:oviste:v:xv:y:2015:i:1:p:290-294
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    More about this item

    Keywords

    consumer cooperatives; governance; indivisible reserve; divisible reserve.;
    All these keywords.

    JEL classification:

    • G34 - Financial Economics - - Corporate Finance and Governance - - - Mergers; Acquisitions; Restructuring; Corporate Governance
    • J54 - Labor and Demographic Economics - - Labor-Management Relations, Trade Unions, and Collective Bargaining - - - Producer Cooperatives; Labor Managed Firms

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